Paying taxes: Profit tax in Barbados
Barbados: Paying taxes: Profit tax was 19.8% in 2019. ▬ Flat
Latest (2019)
19.8%
Change on year
down 0.5%
World rank
68th
of 190 countries
All-time high
20.0%
in 2017
All-time low
19.4%
in 2011
Years of data
9
2011–2019
Paying taxes: Profit tax in Barbados, 2011–2019
Source: World Bank. Measured in % of profits.
Analysis
In 2019, paying taxes: profit tax in Barbados stood at 19.8%.
The figure is down 0.5% on the previous year and up 2.1% over ten years.
Over the whole period, paying taxes: profit tax in Barbados peaked at 20.0% in 2017 and was at its lowest, 19.4%, in 2011.
Barbados ranks 68th of 190 countries on this measure, in the middle of the range.
Paying taxes: Profit tax in Barbados, year by year
| Year | % of profits | Change |
|---|---|---|
| 2011 | 19.4% | — |
| 2012 | 19.5% | +0.5% |
| 2013 | 19.5% | +0.0% |
| 2014 | 19.5% | +0.0% |
| 2015 | 19.5% | +0.0% |
| 2016 | 19.5% | +0.0% |
| 2017 | 20.0% | +2.6% |
| 2018 | 19.9% | -0.5% |
| 2019 | 19.8% | -0.5% |
Countries ranked near Barbados
More reference data data for Barbados
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.0268 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.0217 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.0558 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.0558 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.09 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.0377 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 0.118 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 0.2758 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.0001 (2050)
Frequently asked questions
- What is paying taxes: profit tax in Barbados?
- Paying taxes: profit tax in Barbados was 19.8% in 2019, according to the World Bank.
- What is the highest paying taxes: profit tax recorded in Barbados?
- The highest recorded value was 20.0% in 2017.
- What is the lowest paying taxes: profit tax recorded in Barbados?
- The lowest recorded value was 19.4% in 2011.
- How does Barbados rank for paying taxes: profit tax?
- Barbados ranks 68th out of 190 countries with data for 2019.
- Is paying taxes: profit tax rising or falling in Barbados?
- Over the last ten years it is up 2.1%. The long-run trend across the full record is flat.
- Where does this Barbados data come from?
- The figures come from the World Bank, published as part of Paying taxes: Profit tax (% of profits). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 9 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
The profit tax measures the amount of income taxes borne by the business in the second year of operation, expressed as a share of commercial pro?t.